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Multiple choice business studies insurance - introduction and importance concept, scope and social security in india concept of social security industrial relations, trade unions and social security

Government of India established Pension Fund Regulatory and Development Authority (PFRDA) on 10th October, 2003.

  1. True

  2. False

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A Correct answer
Explanation

b'Government of India established Pension Fund Regulatory and Development Authority (PFRDA) on 10th October, 2003- this isĀ  a true statement. This was established by the Government of India to promote old age income security by developing and regulating funds in order to protect the interests of the subscribers to schemes of pension funds.